FOREX TradingCharts.com

Financial News: U.S. Personal Income Rises 0.4% In February, In

U.S. Personal Income Rises 0.4% In February, In Line With Estimates

03/31/2017 - 09:01:00 (RTTNews)

(RTTNews) - A report released by the Commerce Department on Friday showed that U.S. personal income rose in line with economist estimates in the month of February, although personal spending inched up by slightly less than expected.

The report said personal income increased by 0.4 percent in February after climbing by an upwardly revised 0.5 percent in January.

Economists had expected personal income growth to match the 0.4 percent increase originally reported for the previous month.

Disposable personal income, or personal income less personal current taxes, rose by 0.3 percent in February after increasing by 0.4 percent in January.

Meanwhile, the Commerce Department said personal spending crept up by 0.1 percent in February after rising by 0.2 percent in January. Economists had expected another 0.2 percent increase.

Real spending, which is adjusted to remove price changes, edged down by 0.1 percent in February after dipping by 0.2 percent in the previous month.

With income rising faster than spending, personal saving as a percentage of disposable personal income, rose to 5.6 percent in February from 5.4 percent in January.

A reading on inflation said to be preferred by the Federal Reserve showed that core consumer prices were up 1.8 percent year-over-year in February, unchanged from the previous month.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2017 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Finland PPI Climbs At Slower Rate In March (55 min(s), 38 sec(s) ago)
(RTTNews) - Finland's producer prices increased for the fifth successive month in March, thoug ...Full Story»

European Economics Preview: Germany Ifo Business Confidence Data Due (01 hr(s), 41 min(s), 38 sec(s) ago)
(RTTNews) - Business confidence survey data from Germany is due on Monday, headlining a light day ...Full Story»

Japan Supermarket Sales Fall In March (01 hr(s), 48 min(s), 38 sec(s) ago)
(RTTNews) - Japan's supermarket sales declined further in March from a year ago, a report from ...Full Story»

Singapore Inflation Steady At 0.7% In March (01 hr(s), 57 min(s), 38 sec(s) ago)
(RTTNews) - Singapore inflation remained stable in March, figures from the Ministry of Trade and I ...Full Story»

Japan Feb Leading Index Revised Up (02 hr(s), 05 min(s), 38 sec(s) ago)
(RTTNews) - Japan's leading index increased slightly in February instead of a decline reported ...Full Story»

Taiwan Jobless Rate Rises Slightly In March (32 min(s), 22 sec(s) ago)
(RTTNews) - Taiwan's unemployment rate increased slightly in March after falling in the previo ...Full Story»

UK House Prices Rise 1.1% On Month In April - Rightmove (49 min(s), 22 sec(s) ago)
(RTTNews) - The average asking price for houses in the United Kingdom was up 1.1 percent on month ...Full Story»

Japan Leading Index On Tap For Monday (34 min(s), 22 sec(s) ago)
(RTTNews) - Japan will on Monday see final February figures for its leading and coincident indexes ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Finland PPI Climbs At Slower Rate In March

04/24/2017 - 02:31 AM (RTTNews)
(RTTNews) - Finland's producer prices increased for the fifth successive month in March, thoug ...Full Story>>

European Economics Preview: Germany Ifo Business Confidence Data Due

04/24/2017 - 01:45 AM (RTTNews)
(RTTNews) - Business confidence survey data from Germany is due on Monday, headlining a light day ...Full Story>>

Japan Supermarket Sales Fall In March

04/24/2017 - 01:38 AM (RTTNews)
(RTTNews) - Japan's supermarket sales declined further in March from a year ago, a report from ...Full Story>>

Singapore Inflation Steady At 0.7% In March

04/24/2017 - 01:29 AM (RTTNews)
(RTTNews) - Singapore inflation remained stable in March, figures from the Ministry of Trade and I ...Full Story>>

Japan Feb Leading Index Revised Up

04/24/2017 - 01:21 AM (RTTNews)
(RTTNews) - Japan's leading index increased slightly in February instead of a decline reported ...Full Story>>
These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.